Protecting Payment Series

Clouds are gathering now on the payment horizon for the construction industry.  The clouds converging now and into the fall call for even greater attention to protecting construction industry receivables. This applies to the industry from top to bottom.  Construction was an “essential business” allowed to continue operating in Minnesota. That designation allowed work to

In each state, statutes govern the right to a construction lien.  It is almost inevitable that someone, someday, will not meet a required step.  The lien is lost, and with it, whatever leverage or payment security it represented.

There is still a balance to collect—unless the creditor has improvidently signed something that also waives the